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    Home > Chemicals Industry > New Chemical Materials > PVC rebounded slightly and downstream demand was general

    PVC rebounded slightly and downstream demand was general

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    In the market situation, PVC rebounded slightly, V1909 opened at 6865 yuan / ton, the highest reported 6910 yuan / ton, the lowest reported 6830 yuan / ton, closed 6890 yuan / ton, +0.
    66% from the previous trading day; Volume 223248 lots, +20096 lots; Position 372072 lots, +3264 lots
    .
    Basis -10 yuan, -35 yuan, 9-1 spread 170 yuan, +20 yuan
    .

    PVC

    In terms of news, the Asian PVC market was stable, Southeast Asia was trading at $880/ton, CFR China was trading at $880/ton, and CFR India was trading at $910/ton
    .
    Export prices in the U.
    S.
    PVC market were flat at $805 in Houston
    .
    The price of PVC in northwest Europe is reduced by 10-50 US dollars
    .

    In the spot market, the quotation of the PVC market in Hebei did not change much
    .
    Downstream product enterprises receive orders poorly, and the market transaction is average
    .
    The price of Type 5 material including tax is delivered at 6730-6840 yuan / ton, and some lower and higher prices have also been heard
    .
    Yili 5 type factory factory 6620 yuan / ton including tax, Oriental Hope 5 type factory 6570 yuan / ton including tax, Inner Mongolia Sanlian 5 type 6450 yuan / ton including tax, Inner Mongolia Yihua 5 type factory 6500 yuan / ton
    including tax.

    Warehouse receipt inventory, exchange warehouse receipt reported 2000 lots, in the historical median area, +0 lots
    within the day.
    Main positions: The top 20 long positions in the main contract are 134086 lots -10 lots, short positions are 143653 lots, +938 lots, and net long positions are -9567 lots and -2156 lots
    .

    Summary: The peak period of equipment maintenance has a certain support
    for PVC prices.
    However, the downstream demand is general, and the light transaction in the spot market has put certain pressure
    on the price.
    Technically, the PVC1909 contract rebounded
    slightly on the back of the 20-day moving average.
    The median MACD flattened and the red column contracted
    .
    The KDJ indicator shows signs
    of a flat mid-level.
    Operationally, it is recommended that investors wait and see for a short-term
    breakout.

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